Bengaluru Industrial & Logistics | Year-End 2023
In 2023, Bengaluru witnessed absorption of 5.7 million sq. ft. compared to 5.8 million sq. ft in 2022, while the supply stood at 6.1 million sq. ft. up from 4.0 million sq. ft. in 2022. The surge in supply was in response to growing demand. The overall vacancy levels increased from 8.1% in 2022 to 8.8% in 2023.
Stay updated with more trends and developments from the city in our report - Bengaluru Industrial & Logistics | Year-End 2023.
